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Trading Made Simple EA by Guess Whom

  • #1,661
  • Oct 22, 2011 10:47am Oct 22, 2011 10:47am
To safely log out of the market I think is fine to be set out Klau, or there may be a solution + safe.
I forgot to say hello: Good evening Seller9, soon Klau
The file sets Klau is very simple, I have to find an easy during the day because I have very little time to apply. The market falls asleep from 21.00 hours onwards


TMS 17 M30 Crosstrend
  • #1,662
  • Edited 12:08pm Oct 22, 2011 11:16am | Edited 12:08pm
Quoting caravan
To safely log out of the market I think is fine to be set out Klau, or there may be a solution + safe.
I forgot to say hello: Good evening Seller9, soon Klau
The file sets Klau is very simple, I have to find an easy during the day because I have very little time to apply. The market falls asleep from 21.00 hours onwards


TMS 17 M30 Crosstrend

True. That's why the first few trades were in red. So, will set trading time from 0400 to 1200 & 1200 to 2100.

As for DynamicEntry, it's too risky. Will get a lot of false alarm. Will have to try some other settings to get earlier entry. Thank seller for pointing that out.
  • #1,663
  • Oct 22, 2011 2:12pm Oct 22, 2011 2:12pm
Quoting seller9
If you want faster entry set "UseDynamicTDIentry=1" then it won't wait for a confirmed TDI cross after the candle close but will look for the cross anytime durring a candle.

You may get wipsawed back and forth though.
Another Idea

let's say we have a Set File (settings) that is crappy with horrible results, would there be a way to put a "Reverse Trade" Option then it would be a great Set File
Don't forget Practice + Patience + Persistence = Profits
  • #1,664
  • Oct 22, 2011 4:17pm Oct 22, 2011 4:17pm
I am new to this and really have know Idea what PM is or UseDynamicTDIentry=1" but any information you can pass on I will surely read it. I want to ask do I have to have a broker to trade forex? what are the tools I should be looking for before signing up. Second, what is MT4, why 3dr party bridge, I really have alot of question I want to ask before floppying down money in/on some web page. How are things in Germany? go Texas Longhorns I hope to hear from you so I can learn a few things. Are you will to email me or are you able to answer some questions. thank you sir

goood day!




Quoting dl4hao
Hy sdsander, tried to PM you, doesnt work ... will not clutter this thread, to keep it short, my broker is dukascopy (which is -not- a mt4 broker, for mt4 use you need that 3dr party bridge (which works fine))

more questions? send email at my nickname at yahoo.de

greetings,
Dietmar (DL4HAO)
  • #1,665
  • Oct 22, 2011 5:45pm Oct 22, 2011 5:45pm
Friday.

GBPUSD + 134 pips
EURUSD +118 pips
EURJPY -20 pips
GBPJPY + 10 pips
Total: +242, not bad for a friday.

I added a 13 Moving average to use as an entry confirmation and exit. And were using "only buy" set because of my fundamental analysis. Also I only buy below 50 (TMA middle band) and sell above 50.. that said.. let's check some charts. I will post thursday's results later too.

Pbh
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Seller9 example EURJPY.jpg Size: 90 KB
Click to Enlarge Name: Seller9 example EURUSD.jpg Size: 92 KB
Click to Enlarge Name: Seller9 example GBPJPY.jpg Size: 91 KB
Click to Enlarge Name: Seller9 example GBPUSD.jpg Size: 92 KB
  • #1,666
  • Oct 22, 2011 5:55pm Oct 22, 2011 5:55pm
Ok...

Thursday
GBPUSD: +46, +45
EURUSD: +74, +62
EURJPY: +84, +34
GBPJPY: +54, +20
Total: 419 pips

Much better, isn't it

Pbh
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Seller9 example GBPUSD 2.jpg Size: 95 KB
Click to Enlarge Name: Seller9 example EURUSD 2.jpg Size: 92 KB
Click to Enlarge Name: Seller9 example EURJPY 2.jpg Size: 96 KB
Click to Enlarge Name: Seller9 example GBPJPY 2.jpg Size: 95 KB
  • #1,667
  • Oct 22, 2011 6:02pm Oct 22, 2011 6:02pm
Quoting Pbh
Friday.

GBPUSD + 134 pips
EURUSD +118 pips
EURJPY -20 pips
GBPJPY + 10 pips
Total: +242, not bad for a friday.

I added a 13 Moving average to use as an entry confirmation and exit. And were using "only buy" set because of my fundamental analysis. Also I only buy below 50 (TMA middle band) and sell above 50.. that said.. let's check some charts. I will post thursday's results later too.

Ok...

Thursday
GBPUSD: +46, +45
EURUSD: +74, +62
EURJPY: +84, +34
GBPJPY: +54, +20
Total: 419 pips

Pbh
Very Nice results over 650+ pips

you did'nt use the EA you Manually traded right ? if you did use the EA can you share your set file ?

if you manually traded it then you could set up the EA to do a similar setup, theres no 13 MA but with the CCI you could play with the settings to get the same results, im gonna try am mimic your results by creating a SET FILE with the screenshots you posted over the weekend.
Don't forget Practice + Patience + Persistence = Profits
  • #1,668
  • Oct 22, 2011 6:04pm Oct 22, 2011 6:04pm
Quoting maxzeus
Very Nice results 661 pips

you did'nt use the EA you Manually traded right ? if you did use the EA can you share your set file ?

if you manually traded it then you could set up the EA to do a similar setup, theres no 13 MA but with the CCI you could play with the settings to get the same results, im gonna try am mimic your results by creating a SET FILE with the screenshots you posted over the weekend.
I already sent a PM to seller9 with a vouch asking for this possible implementation.

Pbh
  • #1,669
  • Oct 22, 2011 6:17pm Oct 22, 2011 6:17pm
Quoting maxzeus
im gonna try am mimic your results by creating a SET FILE with the screenshots you posted over the weekend.
Entry confirmations:
Well, candle closes, not opens, just closes. only buy below middle band of the TMA and only sell above middle band of the TMA. Price Action (candle) has to close above 5 EMA shift 2, and also above 13 moving average (no exponential, no shift), 15 min TDI cross, I actually don't care about the number but anything that's not less than 3.0 would work (as I said before, closes), no stochs, do countertrend, but I change the settings to whether buy or sell daily depending on my fundamental analysis that I would be more than happy to share here. Open trades from 08:00 - 19:00 (GMT+2, Alpari UK) and only trade GBPUSD, EURUSD, GBPJPY and EURJPY...

Close confirmations:
I'm working on this one, but for the time being I only have candle close below 13 MA with TDI on negative (green line below red one for longs, and green line above red one for shorts). I don't know if it can be done altogether... but that's it.

15 min charts

Pbh
  • #1,670
  • Oct 22, 2011 6:46pm Oct 22, 2011 6:46pm
Quoting Pbh
Entry confirmations:
Well, candle closes, not opens, just closes. only buy below middle band of the TMA and only sell above middle band of the TMA. Price Action (candle) has to close above 5 EMA shift 2, and also above 13 moving average (no exponential, no shift), 15 min TDI cross, I actually don't care about the number but anything that's not less than 3.0 would work (as I said before, closes), no stochs, do countertrend, but I change the settings to whether buy or sell daily depending on my fundamental analysis that I would be more than happy to share here. Open trades from 08:00 - 19:00 (GMT+2, Alpari UK) and only trade GBPUSD, EURUSD, GBPJPY and EURJPY...

Close confirmations:
I'm working on this one, but for the time being I only have candle close below 13 MA with TDI on negative (green line below red one for longs, and green line above red one for shorts). I don't know if it can be done altogether... but that's it.

15 min charts
i already started to put setups using the ZONES on some pairs to test next week, they are good for "Buying the DIP & Shorting the TIP" type strats or simply finding the best reversals.

i quickly checked with the 13sma and compared i with the CCi 22 or 15 with trigger levels 0 or 50 or 100 you will see it will give you similar results, try it you'll see

thanks for sharing the above


My Close confirmations Favorites are

Use5emaCandleClosed
UseCandleColorChangeClose (best on TF's 30 min over IMO)
UseCandlestickTrailingStop (also good for safety in case of internet or MT4 crash)

these also i like but it depends on what TF or Target
UseTdiCloseONcross (static)
UseProfitAmount
UseLossAmount

Would like the CCI 100 reversal Close but this can be worked around with the TDICloseonCross.
Don't forget Practice + Patience + Persistence = Profits
  • #1,671
  • Oct 22, 2011 7:06pm Oct 22, 2011 7:06pm
For those using the EA and have the TDI indicator on your chart it may be best to use the following TDI indicator on your chart, as it is what the EA uses for its calculations, this way you will see the same thing the EA sees.

1) TMS-Osc
  • #1,672
  • Oct 22, 2011 7:20pm Oct 22, 2011 7:20pm
Quoting Pbh
Entry confirmations:
Well, candle closes, not opens, just closes. only buy below middle band of the TMA and only sell above middle band of the TMA. Price Action (candle) has to close above 5 EMA shift 2, and also above 13 moving average (no exponential, no shift), 15 min TDI cross, I actually don't care about the number but anything that's not less than 3.0 would work (as I said before, closes), no stochs, do countertrend, but I change the settings to whether buy or sell daily depending on my fundamental analysis that I would be more than happy...
I will take a look at some charts with the 13 ma and see what it looks like. One thing that may need to change is the TDI cross window. Right now the EA looks for the TDI cross and then confirmation when that candle it crosses on closes. Then if all the other alerts selected confirm it places the trade. It looks like the 13 ma confirmation may come a little later so we would need to allow for this and maybe wait an extra candle or two after the TDI cross.

I see Maximum is going to do some testing with the CCI, will see how that works out as it also seems to be just a little late. If you use TDI and Candle Paterns 2 and 3, this should get you to the 3rd Blue candle for a trade in an uptrend if that is enough time. If you only use candle pattern 2 you will only get to the 2nd Blue candle. Just the TDI by itself will also get you to the third Blue candle. The third Blue (Red) candle is as far as the present Logic will let you go on a TDI cross to take a trade.

If the 13 ma is working I can always add it.

Good Luck
  • #1,673
  • Oct 22, 2011 7:26pm Oct 22, 2011 7:26pm
Last week I had some good trades on the H1 as I posted previously so this next week I am going to working on a better exit so I can let the trades run without having to jump in and out in a scalping mode, it seems the last trade is the one that gets you. I am going to try the slope of an ma for the exit and see what happens. I went over the charts of those trades and found out by just entering and then exit on the slope of the ma reversing the profit went up four times from the original profit. Of course as we all know, everything always looks good on past charts, so will see when the markets open again.
  • #1,674
  • Oct 22, 2011 7:28pm Oct 22, 2011 7:28pm
Seller9,

Not sure I understand this..
Trade closure signals all false except Use5LWMAcross (?)
SL multiplier to 2.0
TP multiplier to 0.0 or 2.0 (?)

Thanks

Quoting seller9
I have also been looking for a good way to close so I can let the winners run. I just started a test to day using the LWMA5 Close with no shift as a close. When it flattens between the previous 2 candles it closes the trade. I tried it a little today on the M1 just to see if it worked and it did a good job. It got into one trade that lasted for about 15 minutes and took it all the way to the end before closeing. Willl need to see how it works on the H1. So next week I will let it run the week on H1 charts and see what it does. That way I just set...
  • #1,675
  • Oct 23, 2011 9:01am Oct 23, 2011 9:01am
Hi seller9,

how to set up 1 blue closed candles followed by 1 red closed candle to take short trade? is candle patern#1 can do this?

sorry for my bad english,
thanks
  • #1,676
  • Oct 23, 2011 9:33am Oct 23, 2011 9:33am
Quoting tig07
Seller9,

Not sure I understand this..
Trade closure signals all false except Use5LWMAcross (?)
SL multiplier to 2.0
TP multiplier to 0.0 or 2.0 (?)

Thanks
This close setting is not in the EA yet, just doing some testing this week with it to see if I should add it. The one that is presently there is a candle close below/above the LWMA5, not just a flattening.
  • #1,677
  • Oct 23, 2011 11:27am Oct 23, 2011 11:27am
Quoting seller9
I had some good luck with just scalping the H1 the past 10 hours or so, 9 straight wins without a loss so far with these settings. Most traders won't like the risk reward but money is money. I haven't tried the settings on a lower time frame where the ATR is a lot smaller. The USDJPY trade is still open, strange thing about that trade is the PA went through my TP I had set with the Broker and did not close. This is a Demo account. I have included the settings file.
Thank you Seller9 for your hard work, help and patience.

Can I ask what pairs are you testing this scalping setting on?

Thanks again

^Sam
  • #1,678
  • Oct 23, 2011 12:20pm Oct 23, 2011 12:20pm
Quoting ^sam
thank you seller9 for your hard work, help and patience.

Can i ask what pairs are you testing this scalping setting on?

Thanks again

^sam
eurusd,gbpusd,eurjpy,audusd,usdchf,gbpjpy,usdcad,eurgbp,usdjpy,eurchf,gbpchf,euraud
  • #1,679
  • Oct 23, 2011 12:37pm Oct 23, 2011 12:37pm
Quoting maxzeus
Heres my set file that i used 15m Trading active & 30m Trend,

i removed the "Candle Pattern" after the trade, because i think i could of been in the trade sooner.

-TDI Dynamic Cross / Slope & Range for Entry (i may remove the Range)
-Use 5ema CandleClose Price close above 5ema shift 2 for Entry
-No SL or TP, SL is set with "Use5emaCandleClosed" & "Use5emaPAC"
-Also using "Candle Trailing Stop" (but i may disable this)
-i disabled the "Stochastics" since it's already in the "Stoch Slope"

[b]Only modifications you may need to change...
I have difficulty setting the trading hours. My local time is (GMT +400) . So if I want to set the EA to trade the same hours as maxzeus set in the example above considering that my local time is EST +900:

1-12 will be 9-21 my local time or 9-12 and 12-21
12-16 will be 21-1 (the next day) my local time or 21-24 and 0-1 the next day.

I know it gets complicated or I am missing something. So I set my trading hours to:

9-12 and 12-24 but with that I miss one hour (0-1).

If my understanding is correct, then I suggest using GMT and 24 hours format or have the option to set 2 trading periods for the Morning Hours and 2 trading periods for the Evining Hours. In that case for me to trade the same trading hours as maxzeus set above, I will set it to:

Morning Hours 0-1 and 9-12
Evening Hours 12-24

Seller9: appreciate your help in this.

^Sam
  • #1,680
  • Oct 23, 2011 12:45pm Oct 23, 2011 12:45pm
I see several traders want to test with a candle close above the 13 sma for confirmation for a buy and close below for a sell. So I have added an MA that you can configure, this is the only change from version 17. It is called a cross but it is not a cross, the price has to be only above or below this ma for an alert, it does not have to cross.
I have not tested this ma yet, so your on your own.

Added under Alerts:

"UseMaCrossCandleClose" This one alerts if the last candle that is closed is above the ma for long or is closed below the ma for short. The PA of the present open candle must also be moving in the same direction.
"UseMaCrossPA" This one just alerts you if the PA of the present candle is above or below the ma and moving up if above and moving down if below.

You can only select one of these at a time.

Attached Image (click to enlarge)
Click to Enlarge Name: MA_1.gif Size: 37 KB


The settings for this ma are; The period of the chart you are on will not affect these settings.

"MaCrossPeriod" The chart period you want to use for this ma.(H1 default)
"MaCrossMaPeriod" The period of the ma.(13 default)
"MaCrossType" The type of ma(0 default SMA)
"MaCrossShift" The shift of the ma(0 default no shift)

Attached Image (click to enlarge)
Click to Enlarge Name: MA_2.gif Size: 38 KB


Attached File(s)
File Type: ex4 TMS_V18_MTF.ex4   164 KB | 472 downloads


Good Luck and please post results and set files so we all can improve and make money.
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